Northern Border Pipeline Company

First Revised Volume No. 1

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Effective Date: 09/16/2009, Docket: RP09-540-000, Status: Effective

Tenth Revised Sheet No. 286 Tenth Revised Sheet No. 286

Superseding: Substitute Ninth Revised Sheet No. 286

 

GENERAL TERMS AND CONDITIONS

 

 

27. RELEASE OF FIRM CAPACITY (Continued)

 

27.70 Capacity Release Timeline

 

The capacity release timeline is applicable to all parties

involved in the capacity release process. However, it is

only applicable if 1) all information provided by the

parties to the transaction is valid, and the acquiring

Shipper has been determined to be credit-worthy before the

capacity release Bid is tendered and 2) there are no special

terms or conditions of the release. [5.3.1]

 

The capacity release timeline is as follows [5.3.2]:

 

(a) For biddable capacity releases less than one year:

 

(i) Offers shall be tendered by 12:00 p.m. (CCT) on

a business day;

 

(ii) open season ends no later than 1:00 p.m. (CCT)

on a business day (evaluation period begins at

1:00 p.m. (CCT) during which contingency is

eliminated, determination of Best Bid is made,

and ties are broken);

 

(iii) evaluation period ends and award posted if no

match required at 2:00 p.m. (CCT);